Employees Value “Do-It-For-Me” Approach to 401(k)s


Assets invested in “guided solutions” (model portfolios and target-date funds combined) have spiked from a little over 17 percent in 2011 to more than 26 percent in 2014. It’s one finding shared by retirement plan giant Ascensus with retirement plan advisors at its Plan On! Conference, held last week in Colorado Springs, Colo.

The company cited Morningstar’s year-end data, which notes 80 percent of employees who were automatically enrolled in a managed account continued to use managed accounts after two years. Further, 86 percent of employees invested in managed accounts were properly diversified based on their age and risk tolerance.

Ascensus also identified the following trends:

See Also:

Exit mobile version